The Zero Transaction Cost Entrepreneur Powerful Techniques to Reduce Friction and Scale Your Business is popular PDF and ePub book, written by Dermot Berkery in 2023-08-08, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Zero Transaction Cost Entrepreneur Powerful Techniques to Reduce Friction and Scale Your Business can be Read Online from any device for your convenience.
The Zero Transaction Cost Entrepreneur Powerful Techniques to Reduce Friction and Scale Your Business Book PDF Summary
Harness the power of “zero transaction costs” to ensure long-term success in every new business proposition For many business professionals, the daily "to-do" list is hard enough to stay on top of, let alone coming up with the "big ideas" necessary to take their company—or a whole economy—to the next level. But if coming up with those ideas—or finding start-ups that do—is your job, then The Zero Transaction Cost Entrepreneur is an absolute must-read for you. With more than 20 years of experience and an extraordinary record of success stories to his credit, venture capitalist Dermot Berkery has seen thousands of business plans, and in these pages he shares the key ingredient these successes stories have in common: Smart transaction cost economics. Simply put, these businesses lower or eliminate transaction costs for their customers. Here's just one of the real-world examples you'll find within: Blockbuster Video scored big by making movies easily available to rent; that's a reduction in a transactional cost. Netflix then removed another transaction cost—a trip to the store—sending DVDs through the mail. They tackled other transaction costs – limited choice and wasted time – by moving to streaming. Finding (and loosening) these transaction cost creates extraordinary opportunities in every field and industry, for entrepreneurs and venture capitalists to corporate strategists and R&D heads. In these pages, you'll discover how transaction cost economics can work for you, in chapters that include: Why Do Other People Come Up with All the Brilliant Ideas? The 8 Major Categories of Transaction Costs Makers of Products Need to Transform them into Services Why Are Transaction Costs Falling Rapidly Right Now? The Trifecta of Accelerators: Idle Assets, the IoT, and Marginal Cost Pricing
Detail Book of The Zero Transaction Cost Entrepreneur Powerful Techniques to Reduce Friction and Scale Your Business PDF
- Author : Dermot Berkery
- Release : 08 August 2023
- Publisher : McGraw Hill Professional
- ISBN : 9781265404482
- Genre : Business & Economics
- Total Page : 236 pages
- Language : English
- PDF File Size : 19,8 Mb
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